Two-Bedroom Condo with Garage
For Sale
$330,000
12913 ALTON SQUARE Unit 411, Herndon, VA 20170
Top-floor residence pairs updated interiors with a balcony overlooking a private, tree-lined courtyard.
Property Size990 SF
Price / SF$333.33
Days on Market42
Property Features for 12913 ALTON SQUARE Unit 411
General Information
Standard status
Active
Size
990 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$4,887
Amenities
clubhouse
meeting space
fitness center
pool
Building Details
Building Size
990 SF
Year Built
1996
Listing Agency:
RE/MAX Gateway, LLC
Listed By:
Christopher P Dominick · License #0225044022
(703) 298-0909
Source:
Canopy-re
Added: Sep 18
Changed: Oct 27
Last Checked: Oct 27 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gateway, LLC
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Investment Insights
Based on property information with market context.
This two-bedroom, two-bathroom condo is on the top floor of a secure building with elevator access. Its open kitchen, living, and dining areas include granite counters, stainless steel appliances, a breakfast bar, and a gas fireplace. A balcony extends the living space, while the primary bedroom has an ensuite bath and walk-in closet. Luxury vinyl plank flooring and fresh paint update the interior; crown molding accents the main living areas. The HVAC was replaced in 2024, and the washer and dryer in 2022. The building dates to 1996.
Parking includes an assigned space in the secure underground garage beside the elevator, plus a second reserved outdoor space. Community amenities include a clubhouse, meeting space, fitness center, pool, and visitor parking. The Herndon Metro station is a 4-minute drive or 22-minute walk away, and a bus stop is within walking distance. The Dulles Toll Road is approximately 5 minutes away by car, and Dulles International Airport is a 10-minute drive. Downtown Herndon is 6 minutes away; Reston Town Center and the W&OD Trail are also nearby.
Parking includes an assigned space in the secure underground garage beside the elevator, plus a second reserved outdoor space. Community amenities include a clubhouse, meeting space, fitness center, pool, and visitor parking. The Herndon Metro station is a 4-minute drive or 22-minute walk away, and a bus stop is within walking distance. The Dulles Toll Road is approximately 5 minutes away by car, and Dulles International Airport is a 10-minute drive. Downtown Herndon is 6 minutes away; Reston Town Center and the W&OD Trail are also nearby.
Key Highlights
- Two bedrooms and two full bathrooms in a top‑floor condo
- Secure underground assigned parking beside the elevator, plus a second reserved outdoor space
- Kitchen has granite counters, stainless steel appliances, and a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,819
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,380
$296.4K
Cap Rate 7%
$211,700
$211.7K
Cap Rate 9%
$164,656
$164.7K
Market Conditions
NOI Build-Up for 990 SF
Gross rent
$28.5K $28.80/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$26.9K $27.22/SF
− OpEx
−$12.1K −$12.25/SF
NOI
$14.8K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,380
Cap Rate 7%
$211,700
Cap Rate 9%
$164,656
Alternative Uses
Best Use
Apartment 5plus
$211.7K
$185.2K – $247.0K
NOI $14,819 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.15M
$3.63M – $4.84M
NOI $290,488 @ 7.0% cap · market cap 88.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,386
Businesses Nearby
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Business Placement
Demographics for 20170, VA
42,756
Population
14,084
Households
3
Avg Household Size
36
Median Age
57%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
4,859
Density / Sq Mi
$157,875
Median Household Income
$59,119
Median Earnings
$2,224
Median Rent
$625,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor residence pairs updated interiors with a balcony overlooking a private, tree-lined courtyard.
Where is this residential income property located?
The property is located at 12913 ALTON SQUARE Unit 411 Herndon, VA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in a top‑floor condo; Secure underground assigned parking beside the elevator, plus a second reserved outdoor space; Kitchen has granite counters, stainless steel appliances, and a breakfast bar
